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522 articles

Short News

Circle Launches Real-Time Payment Platform for Global Transfers

Circle has introduced a new payment platform aimed at simplifying cross-border transactions. The platform will connect financial institutions, banks, and digital wallets, allowing them to send and receive payments in real time. It supports regulated stablecoins like USDC and EURC, making international transfers faster, cheaper, and more secure. By bridging traditional finance with digital assets, …

Elena R·22 Apr 20251 min

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Bithumb Restructures Ahead of IPO, Plans to Spin Off Non-Exchange Units

South Korean crypto exchange Bithumb announced a corporate restructuring, set to complete by July 31, 2025. The company will spin off non-exchange businesses into a new entity called “Bithumb A” to reduce risks and boost efficiency. This move is part of Bithumb’s preparation for its planned IPO, which could take place in the Korean market …

Elena R·22 Apr 20251 min

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WazirX Eyes Comeback After $234M Hack, Awaits May 13 Court Verdict

WazirX, a major crypto exchange, is preparing to restart its operations after suffering a massive $234 million hack. The company is currently waiting for a key court decision expected on May 13, which will determine the next steps. The platform had paused its services following the breach to ensure user safety and strengthen its systems. …

Qadir AK·22 Apr 20251 min

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Strategy Boosts Bitcoin Holdings, Now Holds Over 538K BTC

Strategy, previously known as MicroStrategy, has purchased 6,556 more Bitcoin for $555.8 million at an average price of $84,785 per BTC. This brings its total holdings to 538,200 BTC as of April 20, 2025. The company has spent $36.47 billion in total, with an average purchase price of $67,766 per Bitcoin. So far in 2025, …

Qadir AK·21 Apr 20251 min

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Crypto Companies Eye U.S. Bank Licenses for Growth

Several major cryptocurrency companies, including Coinbase, Circle, Paxos, and BitGo, are planning to apply for banking or financial licenses to enhance their integration with the U.S. banking system. This move comes after the 2022 collapse of FTX and the closure of two crypto-friendly banks, which left the industry disconnected from traditional finance. With regulatory pressure …

Elena R·21 Apr 20251 min

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Deutsche Bank, Standard Chartered Plan U.S. Crypto Entry

A group of banks, led by Deutsche Bank from Germany and Standard Chartered from the UK, is exploring the possibility of expanding their cryptocurrency operations into the U.S. This move, reported by The Wall Street Journal, highlights the growing interest among major financial institutions in the U.S. crypto space. While the exact plans are still …

Qadir AK·21 Apr 20251 min

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Metaplanet Stacks More Bitcoin, Now Holds 4,855 BTC

Metaplanet has added another 330 Bitcoins to its balance sheet, spending $28.2 million on the latest purchase. This move brings the company’s total Bitcoin holdings to 4,855 BTC. The firm continues to show strong confidence in Bitcoin as part of its long-term strategy. With growing interest from institutions worldwide, Metaplanet is positioning itself as a …

Qadir AK·21 Apr 20251 min

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Crypto Exchange eXch Shuts Down Amid North Korea Laundering Allegations

Crypto exchange eXch has announced it will shut down on May 1 after being linked to North Korea’s Lazarus Group. The group is accused of laundering around $35 million tied to the $1.4 billion Bybit hack. eXch admitted to handling a small portion of the funds from the February exploit. The closure follows rising pressure …

Nidhi Kolhapur·18 Apr 20251 min

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SPAR Supermarket in Switzerland Now Accepts Bitcoin via Lightning Network

SPAR, a major supermarket chain in Switzerland, has started accepting Bitcoin payments in its stores using the Lightning Network. This move makes it easier for customers to use crypto for everyday shopping. It’s a big step toward bringing digital currencies into daily life and shows growing acceptance of crypto in Europe. As more retailers follow …

Sohrab Khawas·18 Apr 20251 min

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